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. with me today, ben stein. steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will take action on whatever the senate can pass, but the senate first must act. well, this morning, senate majority leader reid slammed the house republicans not not even showing up. >> if we go over the cliff, and it looks like that's where we are headed, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they will give them 48 hours inside. i can't imagine their conscious. >> well, senator reid is expected to hold a news conference about the talks this afternoon. so here is where we stand. reid wants to ge
names, so did our show. >> the effortlessly elegant jonathan capehart. eternally buzzy ben smith. ari melber. steve. queen bee and managing editor of the sunday morning himself. favorite import from the uk, maggie haberman. michael steele, notorious as we call you here. thank you for your time. indubable. chris solizza. >> i assume they are compliments. >> they are $5 compliments. >> emmy darling. emmy darling. the man with the golden throat. cnbc guru john harwood. our favorite wonk of them all. president obama's money bunny bill burton. >> money bunny? >> given the hop to it attitude. current editor of "now." >> we want to make you the official cultural ambassador of the program now. >> okay! >> we can always count on a little help from our friends. >> always handsome martin bashir. >> you've put me between two of the most attractive people on this network, jonathan capehart. >> i got a title, did you know that? >> this is a legendary moment. >> this is hot. >> this is hot. >> in the days before my time, less known your time -- >> we're just babies around you. >> that's why i come o
atlanta rushed in 2007 overjoyed to adopt ben. >> you have gotten to be a big boy. >> with a headful of hair. >> i know. like daddy's. >> reporter: a relationship that took nearly a year to get started. >> a million pieces of paper. it's -- you laugh about it but it is quite an intensive process. >> reporter: now, at home, ben just turned 7. very much an all-american boy. >> how about some milk? >> i hate milk. >> you hate milk. >> reporter: celebrating the holidays. last christmas aadopted a second russian child and prepared to work through the sticky wheels of bureaucracy again and now politics threatening to derail the dream entirely. russian president vladimir putin angry about a new american law targeting russian human rights violators today banned all adoptions to america. some russian lawmakers have been trumpeting the cases of which kids were hurt in the states like one in virginia four years ago when a child died after accidentally left in a hot car. though the father was found not guilty of involuntary manslaughter. >> there really is a great irony here in that america spea
part of the real estate market is being fuelled by foreign buyers with deep pockets. ben tracy reports it's not the only thing they're buying. >> this is when all the -- >> scott meadows runs silenus vineyards in napa valley, and there's a good reason he put the american bald eagle on the bottle. >> it seems nationalistic. >> it does, doesn't it? >> that was a specific request for china. china is looking to bring parts of america to china. >> reporter: in 2010 this vineyard was for sale. chinese investors bought, it and now 90% of the wine from here, that's 9,000 cases, is shipped to china. >> what does a chinese company want with a vineyard in mappa valley? >> there's a big demand for luxury goods and goods that are scaries and well made. rather than buying chinese-made products and sending money over there, they're buying american-made products and sending their money back over here. >> the jobs stay here? >> the jobs stay here. >> reporter: chinese firms flush with cash have invested $16.4 billion in the u.s. in the past decade. $1.3 billion in california companies. a record $560 mi
a person before he died. >> and ben affleck has taken his name off the list for senator and says while he loves the political process, he will not be running for office. >>> a new "washington post" pole shows a bleak outlook for the coming year, 40% are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james, dwyane wade and mario chalmers combined for 51 poin points. >>> in los angeles, rihanna and chris brown are courtside as the lakes pick up a victory over the new york knicks. kobe bryant serving 34, topping 30 points for the ninth straight game. get out of the way. >>> numbers from the retailers are rolling in. so far not that great. holiday sales were up just .7% since last year, the slowest growth in spending since 2008. even online shopping which posted double digit growth the past few years was only up 8.4% in 2011. and a specialty store, sur la special, table saw its biggest sales last saturday. >>> a class action against instagram in response to last week's uproar
overjoyed to adopt ben. >> you've gotten to be a big boy. >> a head full of hair. >> i know. like daddy's. >> a relationship that took nearly a year to get started. >> it's a million pieces of paper. you laugh about it, but it really is quite an intensive process. >> now at home, ben just turned 7, very much an all-american boy. >> how about some milk? >> i hate milk. >> you hate milk. >> celebrating the holidays, last christmas they decided to adopt a second russian child, prepared to work through those sticky wheels of bureaucracy all over again. now it's politics threatening to derail their dream entirely. russian president vladimir putin, angry about a new law targeting human rights violators, today has banned all adoptions to america. some lawmakers have been trumpeting certain cases in which kids were hurt in the states. like one in virginia four years ago when a child died after accidently being left in a hot car. the father was found not guilty of voluntary manslaughter. >> there really is a great irony here in that america speaks out against human rights violations in russia an
no idea where her two sons were, ben and henry cleary on a trip with their father in tennessee. they were supposed to return december 24th. but they never came back. earlier tonight, their mother made a desperate plea on our show. >> children, please call mommy. you know my phone number. i've taught you how to do it. if daddy doesn't have a phone, ask anybody you see, everybody you see has a phone. you can ask anybody. remember my number and call mommy's number. you can ask people at stores. you can ask people at the gas station. you can ask people anywhere you see. you need to call mommy. they will help you. anybody will help you. call mommy. >> just minutes after that interview tonight, the boys called their mother. told her they were safe and that they were in austin, texas. police there tell cnn that someone at a hotel recognized the boys from the amber alert on our program. and contacted police. here's austin police just moments ago. >> the law enforcement community nationwide, we take these amber alerts seriously when it deals with kids, with children. this is one of those cases tha
but taking, getting rid of unemployment ben filths, talk about the price of milk going up and other things like that, that will have a huge impact on the working class, people that don't have savings dealing with losing $3,400 and can't deal with that at all and that's going to have ripple effects on other things, other industries. talk about those sort of people being affected and the effect that will have. >> i mean, the unemployed, right, they feel the pain more. and even with the payroll tax and other taxes, it's the, you know, the absolute number is highest at the top 1% or top fifth but as a percentage of income, felt more in the middle and lower income classes so unemployment is a terrible thing if it happens because as you know unemployment, i mean, sort of like a vicious cycle. the longer you are in it, the longer you are likely to stay it and the benefits are needed you could argue more than anything else and the rate coming down but, you know, if this goes on, i mean, we might see it go back up again. that's a critical thing. >> leigh, it's nice to see a woman there. >> absolute
. realistically you want to be in treasuries. cash or treasuries. only with the help from ben bernanke and company. >> thank you, guys. >> we'll keep an eye on that, too, as a matter of fact. thank you, guys. we'll see you later and wall street is throwing in the towel as we head towards the close. apparently fewer people want to be long going into the weekend. the dow now at the low of the session, down 160 points. >> indeed. next, even as star pucks stores in d.c. are riding together on come together on the fiscal cliff deal, it does appear the ceo apparently may not understand what exactly the fiscal cliff is. what this may say about the whole cliff situation. that's when we come right back. you better come back and join us once again. y wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi pric
and director ben affleck isn't ready to leave hollywood. the "argo" star, who had showed interest in politics, confirms he doesn't want kerry's seat, saying "i love massachusetts and our political process, but i am not running for office." >>> former president george h.w. bush is in the intensive care unit at houston methodist hospital this morning after suffering from what doctors call a stubborn fever. the president has been hospitalized since thanksgiving for bronchitis. he was expected to be released before christmas, but a series of setbacks sent him to the icu on sunday. the 88-year-old is currently on a liquid diet. doctors say they are cautiously optimistic about the treatment. a bush family spokesman says the former president remains alert and is surrounded by family. >>> overseas, former south african president nelson mandela is at home this morning after spending almost three weeks in the hospital for a lung infection. the 94-year-old antiapartheid leader was released wednesday night and will receive continued care at his home in johannesburg. a government spokesperson says mandela
with flying colors, and the cue tests. >>> welcome back. here's one factor you might not expect. as ben tracey reports, investors from china are putting billions of dollars into american business to meet the increasing chinese demand for u.s. products. >> reporter: scott meadows runs ss silenus vineyards in california. there's a reason he put the bald eagle on the bottle. >> that was a specific request from the owners in china. >> reporter: chinese investors bought it and now 90% of the wine from here that's 9,000 cases, is shipped to china. what does the chinese want with a vineyard in nappa valley. >> there's a big demand for goods that are scarce. they're buying american-made products and sending their money back over here. >> reporter: and the jobs stay here. >> and the jobs stay here. >> reporter: they have invested $16.4 billion in the u.s. in the past decade. $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ten homes sold in t
500. a lot of people say the ben bernanke rally. plugging money into the economy, but also a lot of regular people and hedge fund managers, pull out. so you might have missed it. >> a lot higher -- >> i should check it more often. docs don't check stuff this often. >> we can help each other, my friend. you keep us healthy, we'll make you rich. >>> second of state is spending new year's eve in the hospital, sadly. because of a blood clot. the latest on her condition, just ahead. >>> and the kardashian clan about to get bigger. kim's big announcement. watch us any time at your desk top or mobile phone, go to cnn.com/tv. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in
. as ben tracey reports, investors from china are putting billions of dollars into american business to meet the increasing chinese demand for u.s. products. >> reporter: scott meadows runs silenus vineyards in california. there's a reason he put the bald eagle on the bottle. >> that was a specific request from the owners in china. >> reporter: chinese investors bought it and now 90% of the wine from here, that's 9,000 cases, is shipped to china. what does the chinese want with a vineyard in nappa valley. >> there's a big demand for goods that are scarce. they're buying american-made products and sending their money back over here. >> reporter: and the jobs stay here. >> and the jobs stay here. >> reporter: they have invested $16.4 billion in the u.s. in the past decade. $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ten homes sold in the past year. >> compared to the high end housing like in beijing, this is not that expensive. >> reporter: di mi neb
, but what about our favorite, steve moore here, what do you think? is 2013 going to turn the corner like ben bernanke and others are saying? >> i never like to bet against the american economy and there are so many spirits. and we haven't had a real recovery in four years. you get the feeling that the economy is ready to pop, but the countervailing argument everything washington is doing expansion. and i entirely agree with your previous conversation that energy and technology are just drivers of high powered growth, but the countervailing force i think follows the higher tax rates coming in 2013 and some of the regulations and obamacare are holding back business's willingness to expand and hire more workers. >> paul: not just the regulatory wave on health care, there's huge with dodd frank reform and huge pentup regulatory wave hit on energy. all kinds of rules hitting utilities and energy company. so who wins? washington or the private economy? >> well, i think, actually if you look at a couple of indicators, it's not good for at least the first half of 2013. one is business investment. bu
. >> there's something fascinating to all of this. ben bernanke gave this situation the name fiscal cliff which sounds very dramatic and very scary. but what it is is an act of congress that they actually voted for. 174 republicans voted for this law that would then take effect on january 1st with all these spending cuts in it, and democrats -- 95 democrats in the house voted for it, 74 votes for it in the united states senate, and now congress is afraid of actually going through something that it voted for to occur on january 1st because it all feels too dramatic to them. and so there's something very peculiar. the crisis that congress is facing is can they undo something that they voted for, and can they undo it by new year's eve? >> it's irony and paradox upon irony. remember the reason the fiscal cliff is supposed to be so dangerous and the reason why so many people in washington are worried about the fiscal cliff is it's too much deficit reduction too fast. so all of this takes place against a debate about how to reduce the budget deficit. that's why you get into this theater of the
on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that leave off. gerri willis is up nexto explain all this for you. have a great weekend, everybody. gerri: hello, everybody, president obama calling on congress just moments ago asking to avoid the fiscal cliff. he said he is moderately optimistic that a deal could be done by december 31. congressional leaders are working on crafting a bill. certainly no grand bargain here that would improve entitlements. if they can't get a deal, the president has told harry reid to put the white house proposals up for an up or down vote. the details just keep on coming out. with us now are two guests. first, we are going to go rich edson. he is here with the very latest. tell us what you made of the president's comments. he was very direct. reporter: he ws. and now he passes on to the senate. senate majority leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this eveni
hope we do so with a ben benevolent spirit. >> is bush the face wants to embrace for the party's future. former political director for former h.w. bush and joining us from san diego murdock a fox news contributor. great to see both of you. let's start with you here. is this the way forward for the republican party now? the republicans took a beating. they got wailed on. the messaging was bad. romney didn't do enough to court hispanic voters. is it really illegal immigration the problem or larger problem. >> larger problem. a report came out that looked at four battleground states. we didn't get all the conservative hispanics. you look at these hispanic voters. a lot of them tend to be pro-life. they tend to be pro-traditional marriage. they are for the bush tax cuts. at lo of them are small business people. even those folks who agree with the republican party on those issues they didn't deal with mitt romney. not just illegal immigration. are we connecting them with with our conservative policies which they agree with? >> laura: i think republicans are looking at the bush administration
? not yet scheduled or is it something else? what's the story here? is she really sick or about avoiding ben gaz write? >> i'm not going to question her health. she has been sick for two weeks. missed the hearing on benghazi. view lot of republicans at capitol hill pressuring her. once she is well to come and testify about what happened in libya. >> is she one to back down from a situation like that? i don't think so. >> i doubt it. she sunday so much pressure that republicans now are even talking about postponing john kerry's nomination process for secretary of state until clinton testifies. this is going to be a real issue next month when congress is back. >> you could understand why she would be hesitant considering what happened with the previous person who was trying to be secretary of state. right? i mean, this is -- this is a minefield she walking into. >> what makes had situation so much -- there's been an independent report about what happened in benghazi. according to the report about the state department's actions will were systemic failure to republicans and democrats of capitol
. >> and lastly, i'll just ask you, what is the level of disappointment that ben affleck is not going to run in the state of massachusetts or the commonwealth of massachusetts? >> i knew that one was coming. well, hey, you know, we were all surprised. we either heard jones that he was going to run and suddenly people were taking it seriously and he posted on his facebook page a rather serious posting that said, you know, i'm not going to do it but i'm ownered and thank you. i think there's a little bit of disappointment. certainly he would have had that star quality. but we'll move on to the next guy. >> yeah. i think that would have probably been the two best looking guys in the history to run against each other. thank you so much for joining us. >> thanks. >> the dysfunction of this honor may very well carry over in the 113th session with few signs that either democratic or republican leaders can strike a basic bargaining agreement, let alone a grand bargain. former congressman martin frost 06 texas and david winston, former gingrich campaign adviser, he was auto member of the speaker's of
about different ways to do that, maybe hard of hearing humor. >> take ben stiller, he gets attention for his foundation stiller strong by producing hilarious videos. >> matt damon he claimed water. how did he claim water, aquaman? >> consider this, damon talks about water on youtube, 4,000 hits. this video with sarah silverman. ♪ knock, knock ♪ who's that knocking at my door ♪ >> reporter: viral. damon says his strong suit is getting people to care. >> because there's a lot of low-hanging fruit so to speak. th
about different ways to do that maybe involving humor. >> take ben stiller. he gets attention for his foundation, stiller strong, using humor. >> matt damon claimed water. how do you claim water? >> on youtube, 4,000 hits. this video with sarah silverman? >> knock knock. >> who is that knocking at my door? >> viral. damon siz his strong suit is getting people to care. >> because there's a lot of low-hanging fruit so to speak. there are so many people we can help. >> do you see a solution in your lifetime? >> yes, we do in fact, that's why we're here. >> really, really enjoyed talking to him. he says the whole concept of water credit has actually helped a million people so far around the world have affordable access to clean water. a good first step. 880 million more people to go. he believes this concept is really working. helping people get affordable loans to put a toilet in their home, a faucet in their home. again, he says a big challenge is getting people in the western world to wrap their minds around it. something we can't fathom or understand. he is taking this on as his cause
to make plans. peter greenberg is here with things to know about >>> it is official. ben affleck says he's not going to run for u.s. senate. affleck wrote on his facebook page yesterday, i love massachusetts and our political process, but i am not running for office. the rumor mill got busy after the actor appeared on "face the nation" and did not rule out a possible campaign. massachusetts will need to elect a new senator later this year because senator john kerry is in line to be secretary of state. >>> welcome back to "cbs this morning," everyone. >> welcome back. new year's eve is five days away. if you're ready to celebrate, great. if you haven't made plans, there are plenty of options. here to help you out is cbs news travel editor peter greenberg. happy almost new year. >> happy almost new year. >> what's your first pick picking a hotel. >> with the exception of times square and miami beach, there are a lot of local city hotels empty during new year's eve. here's the deal do your party there, invite friends, great discounted rooms, then the value-added deals, ki
at games. >> ben affleck. >> good idea. actually, this guy is the lead character in a show that is centered around this building. >> alec baldwin. >> yeah. we got a couple of them. >> adam baldwin is the racist one. he shames the baldwin family. >> i hope he walks in and says how did you not know. sthak would be good if alec baldwin walked in. >> he hovers around "30 rock." >> which conservative candidate gave us this one, excuse me, journalist gave this tweet. horrible possibility, if the geeks are right about ohio, might they be right about the climate? this is a journalist conservative who writes for the daily beast. a recent e-book. >> conservative and journalist is an oxy moron. >> recent e-book titled "why romney lost." >> joe scarborough. >> not him. >> david frum. >> i prefer her answer. >> i only asked because he and nate silverhead -- >> i hope joe scarborough walks in. >> which presidential candidate tweeted this, honored to have chuck norris' endorsement, he will make an excellent secretary of attack. >> i'm guessing because he's crazy, mike huckabee? >> no. a candidate who -- >
. >> portrayed by harrison ford, ben affleck. now the honor falls to chris pine on a new movie about the cia agent. >> we sit down with perhaps the biggest star in all of hollywood, leonardo dicaprio, talking about his new role in the quentin tarantino film "django unchained." >>> we showed you the gentleman who got the football tickets for christmas, was moved to tears. we'll talk to him in a couple of moments. we called him. he will be on the phone with us in a few moments. >>> we want to check in with erica hill who is in for natalie at the news desk. good morning again. >> good morning again. a powerful winter storm is making its way east today, one day after leaving a trail of destruction and death from mississippi to alabama. the storm is blamed for at least three deaths and has also forced the cancellation of hundred of flights. >>> chilling new information about the man who ambushed and killed two firefighters and wounded two others on christmas eve before taking his own live. according to investigators, remains found in spegler's home likely belonged to his missing sister who lived
. it will hit the consumer right in the wallet. ben bernanke has already said he does not care how much inflation hits. >> you know, i just believe we are in a holding action until we resolve these immediate political problems. i agree with you was. this is a political crisis first and foremost. it is a weak economy. getting weaker. bond yields are going down. i think what peter speaks of is certainly possible in the near future. perhaps, the more distant future. bottom line, i expect more softening and a lack of confidence. >> the fact of the matter is, big government is very expensive. we need much higher taxes on the middle class. not on the rich, on the middle class. if they do not want to get stuck with this bill, we better start slashing -- [talking over each other] liz: we have to leave it there. thank you very much. really appreciate it. heading north for the winter. canada needs workers. out of work americans are happy to oblige. this is really an amazing story. oil is now trading just north of $90 a barrel. just down a fraction of a point. we will be right back. ♪ liz: welco
lawmakers retailiating and call would for sanctions against russians. its like no senate run in ben affleck's future. he will not run for john kerry's senate seat. he said he's staying out of the political ring. heart warming video of a alabama football fan getting a christmas gift he will never forget. we are going to the game. that's great. danual buchanan surprising his father to a bcs title game . the game is january 7th. >> best gift ever i think. >> it is bigger if it is notre dame. >>> and that is true. >> video from amarillo, texas. noble texas in the texas panhandle with four inches reported . cross i-40 major problems there yesterday. look at the weather map. a lot is going on. look at dallas waking up to 23 . 12 in kansas city. cold air since last january. see that warm pocket in georgia and carolinas and florida . that is today . same storm now and pulling east and toward the north . we'll see severe weather in the east. we'll show you that in a second and look at where heavy snow in missouri and about to taper off there and southerp illinois and indiana. that is extreme wind an
cliff. this fall is really going to hurt. ben white of morning money, dennis, said an excuse to get a bic can keeney on the cover. >> relatively slow news day. what geithner did yesterday is almost as if he is strapping a damsel in distress to the tracks and saying the stakes are rising higher. the markets are taking all this tension, all this sort of -- these things at stake to really make the point perhaps that you have to have those stakes really high for people actually to get a deal. >> on "fast" last night when that letter crossed in the green rooms, we were chatting, we said this sounds like a ploy on the part of the treasury to actually get people to start moving. obviously, there wasn't a market selloff, did have the stumbling blocks and traders on friday said almost better if we did see the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we know need 60 votes to clear a fill buster in the senate. seven republicans need to go along a lot of j
caught you talking with senator ben nelson of nebraska. here's what he said. >> if we don't have a deal within the next 24 hours, the question is where do you buy a parachute? looks like we'll be going over the cliff. because the closer we get to the end, the less likely it is you're going to be able to compress an agreement into place that will have enough votes to pass. >> compress is probably a nicer word, ram it through is probably what is going to have to happen in order to -- listen, he just said 24 hours, lisa, to reach an agreement. let's say that happens. maybe some kind of deal at the white house today. what would the mechanics of rushing the deal through congress and getting it passed into law in the next few days, give me those mechanics. >> okay. let's break it down so people are really clear on how this could possibly happen. there are some hurdles that congress would have to get passed, some they set up themselves. the first, the house has a 72-hour rule, they have to have bills printed, 72 hours before they vote on them. but the house has gotten around that before. they
was -- in print saying that gold would not go over 2,000 -- >> will it get there. if ben bernanke gets his way, it will get there. >> it went from 200 to 1,800 knowing what bernanke was going do. but you're right because it's a beg thy neighbor. everybody is printing -- >> at the core of what the fed is trying to do is phillips curvean in that they're trying to trade short-term gains in unemployment for modest upticks in inflation. if they get their way, presumably the gold bowls will come back out of the woodwork. >> if it goes from 200 to 1, 800, it's anticipated. >> how much did that suit cost? >> not very much. tie's a different story. >> not $1,800? >> no, not $1,800. >> you should be able to buy a suit for an ounce of gold. that's always been the -- >> i was not aware of the suit-to-gold ratio. >> suit-to-gold ratio. you -- never, never been your -- >> suits -- >> you've always need good five or six troy ounces to buy -- >> you buy a brioni suit, can you pay in gold bars? >> that's how i usually do. it. >>> real quick, boxing day according to wikipedia, traditionally the day following ch
'll have. any impact on mortgages? >> no. no impact on mortgages that is an opinion. ben bernanke says look, i will spend $45 billion each and every month buying mortgages so that the interest rate on mortgages stays very, very low. that is entirely separate from fiscal cliff, totally separate from the debt ceiling crisis. i don't think, patti anne, you will have any impact on mortgage rates despite the crisis that is upon us. patti ann: that is good news for us. stuart varney, thank you as always. >> thank you. gregg: the debt ceiling first established in 1917. since then the debt limit has been raised 102 times, congress voted to raise the debt limit, 11 times since 2001. right now the national debt is over 16 trillion dollars and counting every second. there it is. patti ann: meanwhile hopes of a budget deal in washington and higher home prices are combining to send the price of oil back up again. heating oil rising four cents to more than $3 a gallon. wholesale gasoline rising six cents to $2.78 a gallon. current national average is $3.26. national gas up 4 cents to 3.38 for 1000 cubic
to care? >> we talked about different ways to do that, maybe involving humor. >> reporter: take ben stiller. he gets attention for his foundation stiller strong by producing hilarious videos. >> matt damon, he claimed water. how do you claim water? >> no, no, no. >> reporter: consider this, damon talks about water on youtube, 4,000 hits. this video with sarah silverman. ♪ viral. damon says his strong suit is getting people to care. >> because there is a lot of kind of low hanging fruit, so to speak. there are so many people that we can help. >> reporter: do you see a solution in your lifetime? >> yes, we do. in fact, that's why we're here. >> ailelina cho, thank you for that. if you want to help or get more information about water.org, go to cnn.com/impact. >>> former president george h.w. bush seems to be getting a little better after spending christmas in a houston hospital. doctors thought the 88-year-old would be able to go home, but he developed a fever. a spokesman tells cnn the former president has slightly improved. he was hospitalized in late november for bronchitis. doct
heard from senator ben nelson. if we can, let's play that sound bite from a few hours ago. we don't have that sound bite ready at the moment. i'm sorry about that. what senator nelson said was the next 24 hours are the window if something doesn't happen in this next day, then there may be no chance of getting a fiscal cliff deal by january 1st. so that's along the lines of what senator reid is also saying. here we are, critical hours yet again. >> they are running out of days, as you know. we'll get back to you when you get that statement from senator mcdonnell. thanks so much. >> you got it. >>> cnn's chief correspondent ali velshi has a lose closer look at how lawmakers and president obama got themselves in this mess in the first place. >> now we've passed a bold package of tax relief for america's families and businesses. >> it starts more than a decade ago when then president george w. bush initiated a series of tax cuts for all americans but it's a deal with the devil. the cuts, which are politically expedient but costly to government expire in ten year's time. >> both houses of con
that, maybe involving humor. >> hey, there -- >> reporter: take ben stiller. he gets attention for his foundation, stiller strong, by producing hilarious videos. >> matt damon, he claims water -- >> how did he claim water? is he aqua man? >> reporter: consider this. damon talks about water on youtube, 4,000 hits. the video with sarah silverman -- ♪ who's that knocking at my door? ♪ >> reporter: viral. damon says his strong suit is getting people to care. >> because there's a lot of sort of low-hanging fruit, so to speak. there are so many people that we can help. >> do you see a solution in your lifetime? >> yes, we do. in fact, that's why we're here. >> reporter: water.org has helped 1 million people so far, but as damon says, there's still another 880 million people to go. nonetheless, he says it's a start and it's a good one. he believes that this whole idea of water credit, meaning, giving people affordable loans in places where getting clean water is a challenge is really working. and he says he believes it has the potential to reach up to 100 million people by 2020. joe? >> f
but not be very good investments. >> that's the question people have been asking, value investors since ben graham created the field. the answer is, there's no identifiable catalyst. the beauty of value investing is you buy something less than its intrinsic value, and eventually that value gets realized. it just can't see what's going to make it happen up front. >> charles, david, thank you guys. talk to you soon. >> thank you for having me. >> we take you live to the nymex to find out exactly what is behind the $2.45 move. that is a big move. for a number of shoppers, post-christmas rituals include, of course, gift cards today. and many unhappy returns. up next, jane wells will be with us in l.a. with the lowdown. good morning. >> hi, simon. yeah, you were just talking about it a little bit. there's been this transition from my generation, yes, i'm old, i like to gift, even if i don't like it, to my kids, 20, 22, they just want gift cards they don't care about the thought. give them the money. and is it enough to save christmas. we'll have that after the break. >>> welcome back to "squawk on the
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